Merced School Employees Federal Credit Union - MSEFCU

About

Merced School Employees Federal Credit Union was formed in 1954 by 7 school employees who wanted to have a safe place to save and borrow money at fair interest rates. Robert Wayne, one of the founding fathers and Manager for 39 years, ran the credit union out of a shoe box in his apartment and took loan applications in his bedroom until the credit union was large enough to allow him to quit his teaching job and become full-time manager. When he retired, Nancy Deavours, who has been with the credit union for many years became the new President/CEO. Under her direction, MSEFCU has grown into a full service financial institution with four branches located in Merced, Atwater and Los Banos. The credit union is a Federally chartered, non-profit organization owned by its members. Our field of membership consists of school employees in Merced and Mariposa Counties, including UC Merced and Merced College, MSEFCU and McClatchy Publishing Co. employees, high school students, UC Merced students and eligible Merced College students along with the immediate family of each group. We provide a full array of financial products and services - from traditional savings plans, loans, investments, and checking accounts, to 24/7 convenience services. We've proudly served our hometown since 1954.

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